ECONOMY

Nigeria’s net foreign exchange reserves rose sharply to $34.8 billion at the end of 2025, marking a significant recovery from $3.99 billion recorded two years earlier, the country’s central bank...

The US dollar dominated global currency markets today, Monday, 02 March 2026, as an escalating military conflict between the US, Israel, and Iran sent investors scrambling for "safe-haven" assets. The...

Oil prices dipped on Friday and were set for a weekly decline as traders weighed progress in indirect talks between the United States and Iran over Tehran’s nuclear programme and...

Global financial markets continue to trade cautiously, as renewed concerns over artificial intelligence disruption and escalating geopolitical tensions unsettled investors, driving demand for safer assets such as government bonds and...

World stock markets hovered near record highs on Thursday as concerns over artificial intelligence-driven disruption continued to subside, while currency and commodity markets reflected cautious optimism ahead of key geopolitical...

The Central Bank of Nigeria (CBN) has reduced its benchmark interest rate by 50 basis points to 26.50 per cent, marking a return to its monetary easing cycle after maintaining...

The U.S. dollar was on track for its strongest weekly performance since October on Friday, buoyed by rising geopolitical tensions in the Middle East and renewed demand for safe-haven assets....

Oil prices eased on Friday, heading for a second consecutive weekly decline, as concerns about a potential U.S.-Iran conflict, which had briefly boosted crude earlier in the week, receded, and...

Oil production among members of the Organization of the Petroleum Exporting Countries declined in January, weighed down by reduced output from Nigeria and Libya, according to a Reuters survey released...

The U.S. dollar eased on Friday after climbing to two-week highs, retreating as investors pared back safe-haven positions and returned cautiously to riskier assets following a sharp market selloff earlier...